Core Viewpoint - Silicon Metals Corp. is planning to conduct two private placements, aiming to raise up to $200,000 in total, with $100,000 from a non-flow-through offering and $100,000 from a flow-through offering [1][2]. Offering Details - The Non-Flow-Through Offering will consist of up to 2,000,000 units priced at $0.05 each, including one common share and one half of a non-flow-through common share purchase warrant, with an exercise price of $0.06 for 24 months [3]. - The Flow-Through Offering will consist of approximately 1,428,571 units priced at $0.07 each, including one flow-through common share and one half of a non-flow-through common share purchase warrant, with an exercise price of $0.10 for 24 months [4]. Use of Proceeds - Proceeds from the Non-Flow-Through Offering will be used for general working capital, while proceeds from the Flow-Through Offering will be allocated to eligible exploration expenditures in British Columbia and Ontario [5]. Company Overview - Silicon Metals Corp. focuses on exploration and development in Canada, particularly in British Columbia and Ontario, with projects including the Maple Birch Project and the Ptarmigan Silica Project [9].

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - SILICON METALS CORP. (CSE: SI) (FSE: X6U) ("Silicon Metals" or the "Company") is pleased to announce that, further to the Company's news release dated July 15, 2025, it has issued 100,000 common shares (each, a "Share") to a third party arm's length vendor (the "Optionor"), at a deemed price of $0.055 per Share, pursuant to the Company's recently announced option to purchase an undivided 100% right, title and interest in five (5) mining claims ...

Core Viewpoint - Silicon Metals Corp. has acquired additional mining claims, creating a new project named the 'Maple Birch Project' in the Sudbury Mining District of Ontario, which is highly prospective for high purity quartz-rich pegmatite mineralization [1][2][3] Group 1: Project Details - The Maple Birch Project encompasses a total of 1,848 hectares and is underexplored, with existing high purity quartz-rich pegmatite mineralization already discovered [3] - The project includes an Aggregate Production Permit that allows for the extraction of high purity quartz pegmatite "pods" [3][10] - The company plans to conduct a detailed exploration program to potentially discover more valuable pegmatite pods [3] Group 2: Operational Plans - The company is in discussions with local contract miners and refiners to re-establish old resource roads, prepare the quarry area, and execute drilling and blasting operations [5] - Typical quarrying costs in the area range from $100 to $200 per tonne, which could lead to significant upside for the company and its shareholders if successful [6] - Historical data indicates that prior operators extracted approximately 20 tonnes of bulk samples from the Aggregate Production Permit and sold them for USD $1,000 per ton between 2010 and 2015 [7] Group 3: Future Outlook - The company anticipates significant growth potential in 2026, which could enhance shareholder value while performing exploration [8] - Advanced geochemical and metallurgical testing for the high purity material is being planned to assess its value further [8] - The company aims to position itself as a unique junior mining resource company, with the Maple Birch Project serving as a foundational asset [8]